xxiv, 860 pages : 24 cm

Historical developments of the last century are explained in terms of monetary theory

Includes bibliographical references includes indexes

The Greenback Period -- Silver politics and the secular decline in prices, 1879-97 -- Gold inflation and banking reform, 1897-1914 -- Early years of the Federal Reserve System, 1914-21 -- The high tide of the Reserve System, 1921-29 -- The Great Contraction, 1929-33 -- New Deal changes in the banking structure and monetary standard -- Cyclical changes, 1933-41 -- World War II inflation, September 1939-August 1948 -- Revival of monetary policy, 1948-60 -- The postwar rise of velocity -- A summing up

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